Avoiding Common Hacking Schemes to Protect Company Data

Avoiding Common Hacking Schemes to Protect Company Data

Since 80% plus of hacks are the result of human error, it never hurts to remind people of basic security best practices that can result in the opportunity to be hacked.

genom David Zimmerman, CEO, LC Technology International

According to a2016 study from IBMregarding the costs of data breaches and loss, the average consolidated cost moved from $3.8 million to $4 milj. On a granular level, the study also found the costs for each lost or stolen record containing sensitive and confidential information increased from $154 till $158. The stakes are indeed high for companies to properly manage their data, as loss and data exposure can effectively ruin a company’s reputation with customers and partners.

Here are seven ways individual employees and IT are causing companies to lose data, and some best practices for preventing crippling data loss.